Conditions Precedent to the Initial Purchase Sample Clauses

Conditions Precedent to the Initial Purchase. The initial Purchase hereunder is subject to the condition precedent that the Purchaser shall have received on or before the date of the initial Purchase under this Agreement, in form and substance satisfactory to the Purchaser:
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Conditions Precedent to the Initial Purchase. MUSL will not make the initial Purchase hereunder until it has received all of the following, in form and substance satisfactory to MUSL:
Conditions Precedent to the Initial Purchase. (a) The conditions set forth in Section 3.03 of the DIP Term Credit Agreement shall apply mutatis mutandis to the obligations of the Purchasers to make the initial Purchase hereunder, taking into account such modifications as are necessary to reflect the terms herein and in the DIP Term Notes.
Conditions Precedent to the Initial Purchase. The initial Purchase under this Agreement is subject to the conditions precedent that (a) the Agent and the Managing Agents shall have received on or before the date of such purchase those documents listed on Schedule B, (b) the Agent, the Managing Agents and the Purchasers shall have received all fees and expenses required to be paid on such date pursuant to the terms of the Transaction Documents, (c) the Managing Agents shall have received a written report in respect of the Audit from Protiviti Inc. in form, scope and substance reasonably acceptable to each Managing Agent and (d) if requested by any Managing Agent based on the results of the Audit, the Seller and the Servicer shall have executed and delivered (and/or shall have caused the execution and delivery of) such amendments and other modifications to the Transaction Documents as may be reasonably requested by such Managing Agent. Each of the Managing Agents agrees to deliver to the Seller a written summary of any such requested amendments or other modifications, or, if applicable, confirmation that no such amendments or modifications will be requested, on or before the thirtieth day following such Managing Agent’s receipt of the written report in respect of the Audit from Protivi Inc.
Conditions Precedent to the Initial Purchase. The initial purchase of a Receivable Interest under this Agreement is subject to the conditions precedent that (a) there has not been any material adverse change in (x) the collectibility of the Receivables taken as a whole since January 31, 2009, (y) the financial condition of any Originator, ASI Receivables Funding LLC, the Parent or the IR Parent since December 31, 2008, or (z) the financial condition of the Seller or any Intermediate SPV (other than ASI Receivables Funding LLC) since the date of its organization and (b) the Program Agent shall have received on or before the date of such purchase the following, each (unless otherwise indicated) dated such date, in form and substance satisfactory to the Program Agent and each Investor Agent:
Conditions Precedent to the Initial Purchase. The following constitute conditions precedent to the obligation of the Class A Purchasers to purchase the Class A Invested Amount on the Closing Date:

Related to Conditions Precedent to the Initial Purchase

  • Conditions Precedent to Initial Purchase The Initial Purchase under this Agreement is subject to the following conditions precedent that the Administrator shall have received on or before the date of such purchase, each in form and substance (including the date thereof) satisfactory to the Administrator:

  • Conditions Precedent to the Initial Advance The obligations of the Banks hereunder and the obligation of each Bank to make the Initial Advance are subject to the condition precedent that Administrative Agent shall have received and approved on or before the Closing Date (other than with respect to paragraph (10) below which shall be required prior to the Initial Advance) each of the following documents, and each of the following requirements shall have been fulfilled:

  • Conditions Precedent to the Closing Date The obligation of the Lenders to execute this Agreement and make any requested Loans on the Closing Date is subject to the prior satisfaction of each of the following conditions (unless waived in writing by Administrative Agent with the consent of the Lenders):

  • Conditions Precedent to Initial Advance The obligation of Bank to make the initial Advance is subject to the condition precedent that Bank shall have received, in form and substance satisfactory to Bank, the following:

  • Conditions Precedent to the Closing Conditions precedent to the Closing are as follows:

  • Conditions Precedent to Closing Date The obligation of the Lenders to make each Loan hereunder, and the obligation of the Letter of Credit Issuer to issue Letters of Credit hereunder, in each case, on the Closing Date are subject to the satisfaction on or prior to the Closing Date of each of the following conditions:

  • Conditions Precedent to Initial Loan The obligation of Bank to make the initial Loan is subject to the condition precedent that Bank shall have received, in form and substance satisfactory to Bank, the following:

  • Conditions Precedent to Purchase The Purchase under this Agreement is subject to the conditions precedent that (a) Buyer shall have received on or before the date of such purchase those documents listed on Schedule A and (b) all of the conditions to the initial purchase under the Purchase Agreement shall have been satisfied or waived in accordance with the terms thereof.

  • Conditions Precedent to Initial Advances The obligation of each Bank to make its initial Advance on or after the Closing Date is subject to the conditions precedent that (i) all principal, accrued interest, fees, expenses, costs and other amounts outstanding under the terms of each of the Prior Agreements, accrued to the Closing Date, shall have been paid, and the commitments of the lenders thereunder to extend credit shall have terminated, (ii) the Agent shall have received, for the benefit of the Banks, the one time upfront fees due and payable on the Closing Date pursuant to the Joint Fee Letter and (iii) the Agent shall have received on or before the day of the initial Borrowing the following, each dated the Closing Date, in form and substance satisfactory to the Agent and in sufficient copies for each Bank:

  • Conditions Precedent to Initial Loans In addition to the conditions set forth in Section 6.2, Lenders shall not be required to fund any requested Loan, issue any Letter of Credit, or otherwise extend credit to Borrowers hereunder, until the date (“Closing Date”) that each of the following conditions has been satisfied:

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